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Legal Definitions - Treasurer, Lord High
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Definition of Treasurer, Lord High
Definition: The Lord High Treasurer was an officer responsible for managing the royal revenues, customs duties, and leasing the Crown lands in the past. Currently, the functions of the Lord High Treasurer are carried out by the lords commissioners of the treasury.
Example: During the reign of Queen Elizabeth I, William Cecil served as the Lord High Treasurer. He was responsible for managing the finances of the kingdom and played a crucial role in the country's economic stability.
Explanation: The example illustrates how the Lord High Treasurer was an important officer in charge of managing the finances of the kingdom. William Cecil's role as the Lord High Treasurer during Queen Elizabeth I's reign highlights the significance of the position in maintaining the country's economic stability.
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Simple Definition
Treasurer, Lord High: A person who used to be in charge of the money and property belonging to the king or queen. They were responsible for collecting taxes and renting out land owned by the Crown. Nowadays, this job is done by a group of people called the lords commissioners of the treasury.
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